Tel: 01299 660 237

Accountants. Advisors. Partners.
Call us now on: 01299 660 237

Loan Repayment Calculator

Looking to take out a business loan and want to know how much your monthly payments will be? Using our Loan Repayment Calculator you can estimate an impact of the business loan on your business.

[insert_php]
if ((empty($_POST[‘loan’])) && (empty($_POST[‘years’])) && (empty($_POST[‘interest’]))) {
echo “Please fill in Loan Amount, Number of Years and Yearly Interest Rate”;

}
if ((!empty($_POST[‘loan’])) && (!empty($_POST[‘years’])) && (!empty($_POST[‘interest’]))) {
$loan = htmlentities($_POST[‘loan’]);
$years = htmlentities($_POST[‘years’]);
$interest = htmlentities($_POST[‘interest’]);

$months = $years*12;
$newinterest = $interest / 100 / 12;
$newinterestrate = $newinterest + 1;

$calculation2 = pow($newinterestrate,-$months);

$calculation3 = 1 – $calculation2;

$caluculation4 = $newinterest / $calculation3;

$finalcalculation = $caluculation4 * $loan;

$totalinterest = ($finalcalculation * $months) – $loan;
$totalpaid = $finalcalculation * $months;
}
[/insert_php]

Loan Ammount:

Number of Years:

Interest Rate:


Monthly Payments:

Total Interest:

Total Amount Payable:
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